Todd, who will continue to serve as NBC’s political director, will be the network’s lead correspondent covering the Obama administration, the network announced today. He will be joined on the beat by correspondent Savannah Guthrie.

“Chuck truly made his mark in the 2008 presidential election season where he offered unmatched political analysis,” NBC News President Steve Capus said in a statement. “His objective, smart, real reporting has been honed through the years in Washington and makes him uniquely qualified to lead our White House coverage team.”

Gregory drew strong viewership during his first week leading the program, attracting an average of 4.75 million viewers last Sunday. CBS' "Face the Nation" placed second with 3.47 million, while ABC's "This Week" drew 3.2 million and "Fox News Sunday" delivered 1.46 million.